Filing Flows › Clear Secure (YOU) › Q2 2026 › vs Q1 2026
Clear Secure (YOU) Q2 2026 vs Q1 2026 (quarter over quarter)
Clear Secure's revenue rose $24.8M (+10%) from $253M in Q1 2026 to $278M in Q2 2026. Operating margin 29.9% against 24.5% (+5.4 pts).
Clear Secure, Q2 2026: revenue $278M (+27% year over year), operating margin 29.9%, net earnings $50.0M, operating cash flow $201M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 29.9% | 24.5% | +5.4 pts |
| Net margin | 18.0% | 15.3% | +2.7 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $278M | $253M | $24.8M | +10% |
| Other income, net | $8.4M | $8.7M | −$341K | -4% |
| Operating profit | $83.0M | $62.0M | $21.0M | +34% |
| Costs & expenses | $195M | $191M | $3.8M | +2% |
| Pre-tax earnings | $91.4M | $70.7M | $20.6M | +29% |
| Research & development | $17.8M | $19.5M | −$1.7M | -9% |
| Sales & marketing | $17.2M | $16.0M | $1.2M | +8% |
| General & admin | $65.9M | $63.6M | $2.3M | +4% |
| Other operating costs | $93.9M | $92.0M | $2.0M | +2% |
| Net earnings | $50.0M | $38.8M | $11.3M | +29% |
| Minority interests | $22.3M | $17.6M | $4.7M | +27% |
| Income tax | $19.0M | $14.4M | $4.7M | +33% |
| Depreciation & amortization | $6.7M | $6.8M | −$169K | -2% |
| Share-based compensation | $11.1M | $11.3M | −$223K | -2% |
| Working capital & other | $133M | $133M | −$51K | 0% |
| Operating cash flow | $201M | $190M | $10.8M | +6% |
Questions
How much did Clear Secure's revenue grow quarter over quarter in Q2 2026?
Clear Secure's revenue rose $24.8M (+10%) from $253M in Q1 2026 to $278M in Q2 2026. Operating margin 29.9% against 24.5% (+5.4 pts).